Can You Actually Afford to Hire a New Employee?
Hiring new employees is an important part of expanding your business. New people bring new skills and perspectives to your company. The idea of a new hire can be so compelling that you might be tempted to rush the process. However, it is critical for the health of your business and the well-being of your existing employees that you understand all the costs associated with a new hire. Recruiting Costs [...]
What is a Gift Tax?
Since we’re in the season of giving and we so love this season, I thought this would be a great subject to tackle! A gift tax is the tax on money or property that one living person gives to another. Items received upon the death of another are considered separately under the inheritance tax. Many gifts are not subject to taxation because of exemptions given in tax laws. The gift [...]
Is That Credit Card Hurting You More Than Helping You?
Credit cards serve a valuable purpose. You can't pay cash for things all the time. Often, paying cash and wiping out your savings and checking accounts makes no sense at all. As long as the credit card company offers fair rates and you pay back everything on time, no problems should arise. Unfortunately, millions of people find themselves in trouble with their credit card companies. Using a credit card requires [...]
Can You Extend Your Extension?
The short answer... Maybe. Tax relief has been granted certain Texas counties affected by Imelda. For all others, the extension is a one time extension to file and there is no extending your extension. If you were a victim of Tropical Storm Imelda, reside in, or own a business in one of the counties listed, the IRS may allow you until January 31 of 2020 to file your [...]